Helium Price Reaches $3.05 on Exchanges (HNT)

Helium (HNT) traded 9.1% lower against the dollar during the one day period ending at 13:00 PM E.T. on February 6th. Helium has a market capitalization of $540.22 million and $8.67 million worth of Helium was traded on exchanges in the last day. One Helium coin can currently be purchased for about $3.05 or 0.00003157 BTC on cryptocurrency exchanges. During the last seven days, Helium has traded 28.3% lower against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• GMX (GMX) traded 0.3% higher against the dollar and now trades at $16.86 or 0.00017483 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $96,644.50 or 1.00195188 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1% against the dollar and now trades at $96,581.05 or 1.00129411 BTC.

Helium Coin Profile

HNT uses the hashing algorithm. It launched on August 1st, 2019. Helium’s total supply is 177,394,590 coins. Helium’s official Twitter account is @helium and its Facebook page is accessible here. The official website for Helium is www.helium.com. Helium’s official message board is chat.helium.com. The Reddit community for Helium is https://reddit.com/r/heliumnetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “Helium (HNT) is a blockchain-based network for IoT devices, launched in July 2019. It uses Hotspots for network coverage and mining HNT tokens. Helium addresses the limitations of current IoT infrastructure by offering a decentralized and efficient communication system. The network was co-founded by Amir Haleem, Shawn Fanning, and Sean Carey, combining expertise from various tech domains. Helium’s unique model uses a Burn-and-Mint Equilibrium with HNT and Data Credits to maintain its token economy.”

Buying and Selling Helium

It is usually not currently possible to buy alternative cryptocurrencies such as Helium directly using U.S. dollars. Investors seeking to trade Helium should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView